October 19, 2021

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/22/2019

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/22/2019

Today, altcoin prices can update yesterday's lows.

BCH / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/22/2019

Bears sold support yesterday the level of 230.00 USD and set the daily minimum at 217.00 USD. At the end of the day, the price reduction of BCH stopped, and buyers with small purchases restored the price to the area of ​​broken support.

It was not possible to gain a foothold in this area, todayin the morning, the price continued to decline to yesterday's low. We believe that after updating the monthly minimum near the level of 23.6% Fibo (206.95 USD), some recovery of the pair is possible.

LTC / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/22/2019

Yesterday's decline did not stop atsupport 61.8% of Fibo (51.38 USD), and continued to the area of ​​48.00 USD. At night, the pair recovered slightly, but sellers do not miss the initiative and continue to press.

On the four-hour time frame, indicator linesStoch RSI formed a confirmed buy signal. There is no reason to hope for a significant recovery, but it is entirely possible that the LTC price will return to the 61.8% fibonacci level.

EOS / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/22/2019

Yesterday sellers increased volumes and soldsupport 3.05 USD. The decline continued until the price rebounded from a minimum at 2.75 USD. At night, the recovery took place on small volumes and “stuck” in the area of ​​2.85 USD.

In the morning, sellers pressure will update yesterdayminimum, but even a strong oversold market does not allow to count on a reliable price recovery in the region of 2.90 USD. We believe that by the end of the week the price of EOS can test the support of 2.50 USD.

XLM / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/22/2019

Bears yesterday pushed strong support atthe level of 0.060 USD. Despite the fact that the November low was set at 0.057 USD, buyers were able to return the XLM price at night slightly above the support of 0.060 USD.

In the morning, sellers did not want to give up the initiativebuyers and try to return the pair to yesterday's low zone. We believe that after the minimum is updated, at the beginning of next week, the pair will begin to recover to the area of ​​0.064 USD.

Facebook Notice for EU! You need to login to view and post FB Comments!